Oct 1, 2012 6:00pm EDT
about you anymore. introducing the all-new, smart-sensing... honda accord. it starts with you. >>> here's one area where playing football and "mad money" have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes fifth. money managers perform the same check down too. we don't call it that. you can follow along and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of new quarter but what like to do at a start of the quarter is look at the winners or losers to see if anything piques my interest. i used to do it with my hedge fund. the best performer on the dow on the third quarter was home depot up 14%. however, we're no strangers to the thesis here and we already own the stock for the charitable trust, push it endles
Oct 2, 2012 6:00pm EDT
. introducing the all-new, smart-sensing... honda accord. it starts with you. >>> seconds away on the dud low report. breaking news, mitt romney has put meat on the boens nes of hix reform plan. banks should pick up and leave new york all together and we can't wait for tomorrow's debate. we'll have our own debate tonight on the kudlow report. moments away. >> reports after the bell. i tell you
Oct 2, 2012 1:00pm EDT
.s. government. this complaint is entirely about historic honda by that entity. do they have a good argument? >> i think they do. one of the issues is whether they acquired full responsibilities for all the tire responsibilities. i think they have a good argument. melissa: jamie dimon think he was probably getting, or something to that effect of, he was getting a lot of liability here. interesting enough, this karla sanchez, who was an attorney for the group that sued them privately, now she has moved over to the attorney general's office. in fact, that is one of their other complaints. jpmorgan says it is generally recycled litigation. >> well, i think this whole filing of the lawsuit and particularly the timing on the eve of the first residential debate, all of this strikes me as very problematic. i think if there is a good case, it ought to be brought in its own right and there seems to be a lot of theater here. that is very distressing. that is not the way in the attorney general should tape the seventh he is coming up later on the show. what would be your questions to him? >> i would sa
Oct 2, 2012 7:00am PDT
and billing practices. some 250,000 cardholders will get refunds. >>> a major recall to bring you by honda. 2003 to 2007 accord v4 is being recalled because of a faulty power steering hose that could cause a fire. honda won't have replacement parts ready until early next year. >>> and take a look at this. a brazen daylight heist in california. two men, armed with pick axes made off with some $2 million in gems and gold from the state mining museum. they couldn't get their hands on the biggest prize of all. that is a nearly 14-pound crystalline gold. they tried to get that. but it triggered an alarm and managed to escape. >>> no such luck for a 10-year-old in philadelphia, who decided to take a furniture truck for a joyride. you can see him there. spot shadowed. the truck hitting a few cars at a very low speed, five in all. then, the boy gets out. tries to run away. people on the street quickly move in. they surrounded him. and the 10-year-old, young lad is now in custody. >>> finally, scientists amazed and frankly so am i, after watching video from an underwater experiment. take a look. th
Oct 2, 2012 7:00pm EDT
. the luxurious, all-new honda accord. it starts with you. >>> welcome back to the kudlow report. making the case for the president is new jersey cagman and gentleman let's talk about overspending. that is a historic high. debt is 100% of gdp. governor gilmore aka governor romney. what would you do to stop this borrowing binge. deficit larry mean that is you are spending more than you are taking in. there are two things that you can do. you have to look at the spending to determine what you have to hold on. you have to set a priority to control spending. in the second thing you must have a program to increase growth in this country and new revenue. that makes a lot of the decisions about spending easier. you get more money coming in. >> president, you have been accused by your critics of failing to deal with entitlement spending reform and basically trying to raise taxes as the only means of deficit spending. are those charges fair? >> absolutely not. we had a deal going. myself and mr. baynor until mr. can toter stepped in. what i could support is that we would have tax cuts and we would have cu
Oct 1, 2012 11:00pm EDT
. the luxurious, all-new honda accord. it starts with you. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> five things i'm watching. i'm watching gold that's going higher. i'm watching copper that seems to stabilize. i'm watching the fxe which is the dollar that's holding in just fine. i'm watching the transports. they have been wavering. i'm watching apple and apple acts horribly.
Oct 2, 2012 4:00am EDT
. toyota and honda should pace the field again with both expected to post double digit gains. >>> we'll take a break. still to come, kraft has launched its global foods business mondelez. we'll talk to an analyst who thinks mondelez is a better bet than kraft itself. it . >>> the rba has surprised by cutting its key interest rate by a quarter point to a three year low 3.25%. the move prompted by several factor, notable china's slowdown and the higher australian dollar. meanwhile the man who coined the term bric says china is starting to see a shift towards quality. jim o'neill told me earlier the move will have important implications for the balance of global economic power. >> we're in the early stages of china going to a quality as opposed to quantity and the winners and losers will be pretty different. australia will certainly not be as big a winner as it was and it could be a loser. p. >> jim says one of the economies that might benefit most from the new chinese economic model could be mexico. >> mexico is arguably one of the many big winners. they're deliberately raising wages.
Oct 2, 2012 9:00am EDT
for you in every way. the luxurious, all-new honda accord. it starts with you. >>> from sushi empire to palace empire, nobu is opening a boutique, nobu hotel on its property. the man himself joined us on wall street to explain why. >> a lot of restaurants we do inside of the hotels. so we have a lot of experience. we maintain the quality. many professionals are in hotels and restaurants. now we do maintain the quality of the food. >> why take it to a hotel? why a hotel now? >> well, so i said, so we have restaurants in our hotels in las vegas and australia, all over the countries in the hotels we have experience, and my team is growing. especially my partner owns hotels, so he was interested in opening a hotel. >> so you have this superstar involved in jet blue, jfk, the lincoln center in addition to the w hotels, what are you looking for here? how will it appear different from the other restaurants or is it the same? >> i began doing this in 1994. we have a nice relationship. so he's growing in other hotels. with e do the restaurant and hotel, too. >> trevor, you mentioned that you'